M&C Saatchi plc (SAA.L) reported full year group like-for-like net revenue growth of about 3.5% with reported net revenue at about 243 million pounds.
The company anticipates that full year profit before tax and operating margin will be in line with market expectations.
The company noted that its balance sheet position remains strong with net cash of about 16 million pounds at 31 December 2024 and available facilities of 36 million pounds in place to take advantage of strategic opportunities, in line with the Company's capital allocation policy. Additionally, with the ongoing settlement of put options and increased cash management focus, there are expected to be significant cash tailwinds into 2025 and beyond.
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